model registry
Taimi and Hily, two mobile dating apps, are gearing up for potential IPOs as they focus on expanding their user bases and improving their services. The apps, which cater to the LGBTQI+ community, have seen significant growth in recent years and are now looking to tap into the mainstream dating market.
Several spinouts from the University of Glasgow are seeking to raise funds, highlighting the growing deeptech ecosystem in Scotland.
Swiss AI startup Gravis Robotics, specializing in automating heavy construction equipment, has raised $200 million in Series A funding from SoftBank, achieving a $1 billion valuation. The company's AI models enable autonomous operation of industrial machinery, boosting productivity by up to 30%.
Multiverse Computing, a Spanish AI scaleup, is on track to close a €500m Series C round, positioning itself as a leading force in Europe's AI sector. The company specializes in reducing compute requirements for large AI models, attracting significant investment and strategic partnerships.
Jack Parker-Holder, a former Google DeepMind researcher, is leading a new AI lab in London with a $500 million funding goal. Six other DeepMind researchers are involved, and the lab aims to advance AI models and governance.
London-based defence startup Uforce is in talks to raise fresh funding, aiming for a valuation of upwards of $4 billion, less than six months after reaching unicorn status with a $1 billion valuation.